Tokoroa.

Putaruru Press, Volume VII, Issue 279, 14 March 1929, Page 1

Tokoroa.

A Land Purchase. A land purchase of more than usual local interest took place in the Tokoroa district last week, when Mr. W. Davies bought the southern half of Mr. Frank Dodd’s property on the main Putaruru-Taupo road. The area is approximately 800 acres. The older settlers of Tokoroa will remember Mr. Davies as the one-time owner of the block of land which now comprises the central area of the district and on which has since been built the Tokoroa cheese factory, the hall and post office. Since the sale of this property in 1917 to Mr. Hugh Campbell, of the Matarawa Land Co., Mr. Davies, as a keen observer of farming operations, has travelled the greater portions of New Zealand and Australia, and for some years during this time was farming a property of 1000 acres in New South Wales. It says much for the prospects of the Tokoroa-Lichfield country that a farmer of his experience should have come back to the district. He states that it is difficult to purchase elsewhere grazing land offering the same combination of advantages of accessibility, reasonable capital value and low cost of pasture production as he found in the country south of Putaruru. The purchase is a spot cash one, and Mr. Davies intends to commence immediately on the development of the property.